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Insurtech Startup Honeycomb Raises $15.4MM in Series A Round, Led by Ibex Investors

DENVER and TEL AVIV, Israel, Jan. 20, 2022/ PRNewswire/-- Honeycomb today announced that it has raised $15.4 million in a Series A funding round led by Ibex Investors. The U.S. and Israel- based company, which only began writing U.S. policies in June of 2021, now operates in four states-- Illinois, Arizona, Michigan, and Ohioโ€“ with plans this year to launch in ten more states...
United States Tel Aviv San Francisco Itai Ben Zaken Gal Gitter Alyssa Meyer

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Thousands of Citizens insurance customers to get takeout offer from newly created home insurer [South Florida Sun-Sentinel]

VYRD Insurance Company, based in St. Petersburg, will be selecting up to 42,045 Citizens customers from every region of the state to form its initial "book of business." The new company, created with $46 million in investment capital, will be led by David Howard, a former executive of Tampa- based Lighthouse Property Insurance and Boca Raton- based Edison Insurance.
United States Sankt Peterburg Michael Peltier David Howard David Altmaier Paul Handerhan

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